Maryland Budget http://delmarvapublicradio.net en MD Senate Approves $39 Billion Budget http://delmarvapublicradio.net/post/md-senate-approves-39-billion-budget <p>ANNAPOLIS, Md. (AP) - The Maryland Senate has approved the state's $39 billion budget.</p><p>The Senate voted 41-6 for the budget bill on Thursday. All 35 Senate Democrats and six Republicans voted for the measure. Six Republicans voted against it.</p><p>The Senate also approved a companion measure that is needed to balance the budget for this fiscal year and the next on a 42-5 vote.</p><p>Together, the measures leave a $111 million cushion and nearly $800 million in the state's Rainy Day Fund.&nbsp;</p> Thu, 13 Mar 2014 16:14:08 +0000 Don Rush 50756 at http://delmarvapublicradio.net MD Senate Approves $39 Billion Budget MD Pension System Could Shore Up State's Money Problems http://delmarvapublicradio.net/post/md-pension-system-could-shore-states-money-problems <p>ANNAPOLIS, Md. (AP) - The Maryland Senate is scheduled to consider proposed changes to the state budget.</p><p>Last week, a Senate budget panel decided to address a downward revision in revenues by tapping into money set aside to shore up the state's pension system in a long-term plan. The Senate is expected to consider the changes Wednesday.</p> Wed, 12 Mar 2014 12:52:54 +0000 Don Rush 50672 at http://delmarvapublicradio.net MD Pension System Could Shore Up State's Money Problems Employee Pension System Could Help Fill MD Budget Gap http://delmarvapublicradio.net/post/employee-pension-system-could-help-fill-md-budget-gap <p>ANNAPOLIS, Md. (AP) - More money set aside to reinvest in Maryland's state employee pension system could be tapped to help fill a budget hole.</p><p>The Senate Budget and Taxation Committee is scheduled to make decisions on Gov. Martin O'Malley's budget proposal Friday.</p><p>Senators will be looking to fill a bigger budget gap than initially expected. That's because revenue estimates were revised downward Thursday by $238 million for the next 15 months.</p> Fri, 07 Mar 2014 17:29:36 +0000 Don Rush 50420 at http://delmarvapublicradio.net Employee Pension System Could Help Fill MD Budget Gap Expected GOP Push Back on MD Gas Tax Proposal http://delmarvapublicradio.net/post/expected-gop-push-back-md-gas-tax-proposal <p></p><p>ANNAPOLIS, Md. (AP) - Maryland House Republicans are scheduled to talk about why they don't think the state should raise the gas tax.</p><p>Members of the GOP caucus have set a Tuesday morning news conference in Annapolis.</p><p>Democratic Gov. Martin O'Malley last week expressed confidence that the Democratic-controlled House and Senate will reach a consensus on a new revenue plan for transportation.</p><p>O'Malley proposed phasing in a 6 percent sales tax on gasoline last year, but the idea stalled amid high gas prices.</p> Tue, 19 Feb 2013 13:47:17 +0000 Don Rush 29387 at http://delmarvapublicradio.net Expected GOP Push Back on MD Gas Tax Proposal Capital Projects To Boost Growth in Maryland http://delmarvapublicradio.net/post/capital-projects-boost-growth-maryland <P></P> <P>ANNAPOLIS, Md. (AP) - The Maryland Senate president says Gov. Martin O'Malley's budget proposal includes a boost in capital projects to help spur job growth, and there is some debt that goes along with that.</P> <P>Senate President Thomas V. Mike Miller received a briefing on O'Malley's budget plan on Wednesday morning. He spoke to reporters in general about the proposal, leaving details for the governor to discuss later in the afternoon.</P> <P>Miller, a Democrat, says it includes a pay raise for state employees. He also says there are no new tax proposals in the budget plan. Wed, 16 Jan 2013 16:58:32 +0000 Don Rush 27581 at http://delmarvapublicradio.net Capital Projects To Boost Growth in Maryland Budget Dooms Day Clock To be Unveiled in Annapolis http://delmarvapublicradio.net/post/budget-dooms-day-clock-be-unveiled-annapolis <p>&nbsp;</p><p>&nbsp;&nbsp;&nbsp;&nbsp; ANNAPOLIS, Md. (AP) - Maryland state employees will be unveiling a &quot;Doomsday Clock&quot; to count down when a half a billion in budget cuts will take effect, unless a special session is called to change the budget.</p><p>&nbsp;&nbsp;&nbsp;&nbsp; The Maryland State Education Association is planning to show the clock on Wednesday at its Annapolis office.</p><p>&nbsp;&nbsp;&nbsp;&nbsp; MSEA says an educator, a member of the police department, librarian a parole and probation officer and others will attend the event.</p> Wed, 18 Apr 2012 12:48:29 +0000 Don Rush 11497 at http://delmarvapublicradio.net Mortgage Interest Deductions: A Hot Button in Maryland Goverenor's Budget http://delmarvapublicradio.net/post/mortgage-interest-deductions-hot-button-maryland-goverenors-budget <p>&nbsp;</p><p>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ANNAPOLIS, Md. (AP) - Maryland residents who oppose Gov. Martin O&#39;Malley&#39;s proposal to cap income tax deductions have held a rally to express their frustration about how the plan would affect mortgage interest deductions.</p><p>&nbsp;&nbsp;&nbsp;&nbsp; Opponents braved rainy weather to fill Lawyer&#39;s Mall on&nbsp;Wednesday in front of the Maryland State House.</p> Wed, 29 Feb 2012 16:05:53 +0000 Don Rush 8669 at http://delmarvapublicradio.net